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We proudly signed the Climate Pledge, the CEO Action for Diversity & Inclusion™ and the CEO Water Mandate to reach net-zero by 2040
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We adopted the Science Based Targets Initiative as part of our corporate climate action
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We remain focused on True Zero Waste as well as Operation Clean Sweep (OCS) Blue initiatives
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We received the Energy Star® Partner of the Year: Sustained Excellence award for the 7th straight year, demonstrating an ongoing commitment to energy efficiency
Circularity
We model our SVNs after the key pillars of the Cradle to Cradle Certified Products Program, namely: Material Health, Product Circularity, Clean Air & Climate Protection, Water and Soil Stewardship, and Social Fairness. We discern the vast variety of safety and environmental certifications across the industry while working hard to ensure our products meet the high standards held under the Cradle to Cradle certification process.
Cradle To Cradle is a pioneering and globally-recognized design framework and certification developed by McDonough Braungart Design Chemistry (MBDC). MBDC is a design consultancy that works with companies of all sizes to help them create safe and sustainable products that can be cycled back into the economy through recycling or upcycling. MBDC developed Cradle To Cradle standards and certifications to give companies a framework to reference when developing new products.
Today overseen by an independent organization, The Cradle to Cradle Product Innovation Institute, Cradle to Cradle Certified products are awarded at five levels (Basic, Bronze, Silver, Gold and Platinum), with each level imposing a more rigorous set of requirements. The lowest score in any quality category establishes the product’s overall score.
Certified products include:
● Curby Mailer®
● Curby Fragile Wrap™
● Water-Activated Tape
● PaperSpace™ X-Fill™
● Acrylic Carton Sealing Tape
● Hot Melt Carton Sealing Tape
● StretchFlex® and SuperFlex® Stretch Film
● Exlfilmplus® Shrink Film
● Polyethylene Tape
● Masking Tape
● Flatback Tape
● NovaShield® Structure Membrane
Cradle 2 Cradle Certified Products Program
To underscore our commitment to embrace sustainability, our corporate strategy includes sustainability as one of our four primary pillars, designed to address the key materiality measures that we can impact, with measurable outcomes and clear timelines upon which to evaluate progress.
Our Profile
Commitment:
IPG stewards our environment, providing a safe working environment for IPG employees, and manufacturing quality products in a responsible manner.
- IPG continues to conduct virtual energy and sustainability summits.
- Our sustainability reporting has expanded to additional frameworks, including CDP and the Task Force on Climate-related Financial Disclosures (TCFD).
- IPG implemented EcoVadis, a global Corporate Social Responsibility (CSR) rating tool based on international standards, to conduct individual sustainability performance assessments of our key supply chain partners.
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- 50% of the energy used by IPG, at a minimum, will be renewable by 2030
- By 2023 IPG’s workforce will be reflective of the demographics in the communities in which it operates
- In 2021 IPG revised our energy policy
Our Products
Commitment:
By 2025, 75% of IPG manufactured products will be Cradle to Cradle Certified. By 2030, 100% of IPG manufactured packaging products will be recyclable, reusable, or compostable.
- Certified products represented 50% of total IPG sales in 2021, up from 31% in 2020.
- In 2021, reusable, recyclable, and compostable products generated 39% of our revenue, up from 30% of our revenue in 2020.
- 65% of our packaging products, by sales, were recyclable, reusable, or compostable up from 51% in 2020.
- Percentage of renewable materials increased to 26%, up from 21% in 2020.
- IPG was recognized as an Association of Plastic Recyclers (APR) Demand Champion in 2021, for the second year in a row.
Our People
Commitment:
IPG strives to provide each employee with a safe and healthful work environment, putting the well-being of our employees above all else. IPG fosters and develops a respectful and equitable work environment where all feel welcome.
Conducting business with honesty and integrity in all our operations throughout the world, we engage with stakeholders to shape our sustainability approach and create a better future for our people and communities.
- IPG expanded our incident response process, developing a step-up plan that is triggered with subsequent events.
- In 2021, IPG continued and expanded our Leader Standard Work and core leadership training for supervisory employees.
- IPG supports the health and wellness of our employees through our benefit programs, including our employee assistance programs and wellness promotion efforts. In 2021, we provided a financial thank you bonus to those choosing to get the COVID-19 vaccine, as well as paid time off to do so.
- IPG signed the CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace.
- In 2021, 8 of our 32 facilities, or 25%, of our sites have undergone social audits.
- At the end of 2021, all IPG Cradle to Cradle Certified products meet the Silver level requirements for Social Fairness.
- IPG adopted a Working Hours and Fairness Policy that sets our expectations for working hours.
- In 2021 we posted and communicated with human resources managers about the updated Charitable Giving & Sponsorship Program at all our locations.
Our Planet
Commitment:
By 2030, IPG will obtain 50% of its energy from renewable sources, reducing energy intensity by 2.5% per year and CO2 emissions by 3% per year. We will divert at least 90% of solid waste headed to landfills and incineration from our manufacturing facilities, and have all manufacturing facilities Zero Waste Certified. We will also reduce water withdrawal by 25% to meet our commitments as signatories to the CEO Water Mandate. Making IPG net carbon zero by 2040.
- IPG signed , joining more than 200 other companies making a net-zero carbon pledge.
- IPG signed the CEO Water Mandate, a Compact initiative that mobilizes business leaders on water, sanitation, and the UNSDGs.
- IPG adopted a Zero Waste Policy.
- IPG signed a commitment with the Science Based Targets initiative (SBTi).
- In 2021, 98% of IPG’s network was run on SmartWay Carriers.
- In 2021, IPG developed a Sustainable Sourcing Policy that was formally adopted in early 2022.
- At the end of 2021, IPG diverted 41% of solid waste headed to landfills and incineration from our manufacturing facilities.
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Our Performance
Commitment:
IPG will consistently incorporate social and environmental impact into our decision-making and governance standards. In order to promote compliance with laws and regulations, IPG provides regular training that adheres to policies and procedures.
IPG manages and monitors current and emerging risks across the enterprise through mitigation plans and processes, as well as a strong data security posture that supports data integrity and protects employees, customers and vendors.
- In 2021, the Board of Directors approved the charter for our ESG Committee made up of a subset of its members.
- In 2021, IPG reported training details to the U.S Department of Homeland Security for review and monitoring.
- IPG implemented an enterprise risk management (ERM) structure and governance, based on the COSO framework, and organized under the Vice-President, Risk Management and Internal Audit who reported directly to the Audit Committee with a dotted line to the CFO.
- IPG committed to zero tolerance to ensure that 100% of IPG employees with access to company data complete security awareness training and pass remedial training in the event of phishing failures.
